the US already has a surplus of oil.
wouldn't start a war
our economy is already f***ed anyways
The United States has a Strategic Petroleum Reserve incase theres a political disputes or embargo against America and OPEC (which is made up of the oil producing gulf states) , this reserve only has 28 day worth of petroleum consumption for the entire nation. If we don’t don’t reach a resolution within those 28 days we’d be at the mercy of these OPEC countries
At this point that isn’t probably going to happen because America and Saudi have friendly relations. Russia is Saudi’s target and they won’t last long in this oil price war but this would still inflict pain to American oil companies, they’re already seeing no profits and won’t in atleast the upcoming month
everyone else gets oil via a way that costs less then $10
it costs 5x+ here
This s*** could never destroy American Economy stupid. And its also not a great war. Man I don't even know where to start with you, maybe you should actually read some articles about this and inform yourself instead of trying to brew bs?
I'm gonna do my part and fill my trash can with gas
Thanks op
Not gonna do you any good unless its ethanol free
Niggas bout have a 100 b****es like Mike Vick
Yoooo I f*** wit you OP you's a funny mufucka
If Saudi price gauging continues it could bankrupt American oil companies within 4-5 months
You mean the US government?
that post had me crying when i initially read the thread and when i saw it again today i was still squealing
OP not wrong but today's news isn't fully related to OP. S*** crashed because no ones using gas. Storage is full. Read this thread
OP not wrong but today's news isn't fully related to OP. S*** crashed because no ones using gas. Storage is full. Read this thread
https://twitter.com/gilbeaq/status/1252293724215762950?s=20
This. OP the US and Saudi are allies purely because of oil, that hasn't changed.
The drop from the price war already happened last month, and US and Saudi are allies against Russia's oil business. The US doesn't have an issue with what the Saudis are doing/did as it's just temporary to put a choke on Russia.
The drop was like what @Tubig from the huge drop in demand.